OPEC General Secretary Mohammed Barkindo said the Saudis have shown the world that they are a reliable source of oil supplies. He also said that the rapid moves taken by Saudi Arabia to resume...
Read moreDuring his visit to places of terrorist attacks on Aramco facilities, Saudi Aramco president & CEO, said: “We are gratified that there were no injuries. I would like to thank all teams that...
Read moreFollowing the September 14 attacks on oil infrastructure in Saudi Arabia, Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the...
Read moreThe Director General of the International Energy Agency (IEA), Fatih Birol, welcomed the statement of Saudi Energy Minister Prince Abdulaziz bin Salman on the return of Saudi oil supplies to...
Read moreSaudi Arabia has named Yasir al-Rumayyan, head of the kingdom’s sovereign wealth fund, known as the PIF, as chairman of Aramco, replacing Energy Minister Khalid al-Falih, as the state oil giant...
Read moreSaudi Petroleum Company “Aramco” reported a net income of 46.9 billion dollars in the first half of 2019. The company highlighted in a statement on the Saudi Press Agency that in the same period...
Read moreA few days ago, representatives of OPEC countries signed a new cooperation charter with other major producers, including Russia, which aims to establish a “permanent cooperation” that is...
Read moreSaudi Aramco has signed 34 contracts with Saudi and international companies for the implementation of projects for design, supply and construction, with the aim of raising the production of crude oil...
Read moreMinister of Petroleum and Mineral Resources Tariq al-Mulla confirmed that Egyptian oil companies won new contracts outside Egypt. He added that investments from the Egyptian companies in foreign...
Read moreRussian President Vladimir Putin said on Saturday that Russia had agreed with Saudi Arabia to extend the OPEC deal to cut oil production for between six and nine months as oil prices are being...
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